dthe real myth is pure dilution kills Otc companies. massive shorting and non bonafide market makers that rule the Otc.exposing them is my life goal.
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Those statements are in all company's with any amount of debt that's "not yet profitable" and nurses lounge is done won't been in any more reports.
Anyone who post on this board will always get a response from me especially someone who already cut losses but is still here. I'm wondering what did you think was going to magically happen to the debt they were talking on from previous company it was written in stone 10k had everything we already knew from day one when terms of merge were set and 10qs from previous company were put most it would of done with 10k early release would push it to $4-$6 and back down to where we are at min with notes if kept pps high enough would still be triple + increase in o/s and more people upset cuz it's at .01-.10 and they bought at $6.
All the sells are easily going into buyers hands and didn't even push it down on the big volume Friday with all the bid wacks into open arms of what all new people or just the bagholders who are stuck here and add shares because we're stuck ahhh ahhh ok with only 100,000-200,000 trying to sell on ask under penny when over 5 million traded under .01 at a wicked gap from bid none the less typical when people want out so bad the ask is 1-2ticks from bid never the case here.
At least this company said they would take care of notes on top to bottom but no company going to say hey we're going to convert notes now and all shareholders should wait till it's over.company has pretty good timing getting qs to drop just as the last converted shares are done.untill October but no reason not to pay off cash or new note like they have done in the past.
Lol calling it quits before the companies first financial report as a public entity rookie move selling right before the last of the conversion until December the October November will be renegotiated or paid they have the money.most debt will be used as retained deficit for claiming $0 taxes on proft to pay rest of debt. tripling direct site views in less than a year = extremely better profit margin. Merge terms said old notes would be taken care of as in top to bottom order of course there would be dilution 3 million shares was way to small to begin with 25-50 million best range a stock can be in.over half my big runs were on company's with $0 rev and $10+ million in debt why I love the otc it dosent make sense but this one does.
So your saying there screwing over Sergio who paid $350,000 cash plus incentive for 10% c shares 5% of company which if diluted to the max would be worth $123,000 @ .0001 a company thats on its way to $3 +million profit margin from $1 million last two years $1million + after operating losses that can all be used with $0 taxes.
Damn sorry to hear just next time play small amounts $5000-$10,000 turns into $100,000 easier then you think.this one was supposed to be a quick 10-20 banger in beginning but notes converting with delay with such a small share structure Notes couldn't sell all of there shares before the next note was due then the next mine as well wait till it's done before news or qs or get what happened to the 10k note holder dumpage he made bank that day. With notes done 2qs prs with 2nd q showing increase in profit margin from 1st qs $700,000 no reason it's not a 100+ banger now with 28.7-32 million o/s
Will get there easily right up there with competitors and only have 9 referral sites the ones making same revenue have 25+ that's amazing and to have all preferred shares still do little bit of raising $ through preferred shares equity.All competitors had same thing in common just this one is going almost 3 times as fast all had debt in the millions even sport truck USA had good profit after operating loss of $4million but debt of $8 million Fox bought then out for $44million and use debt to advantage and made them pay off some with money from acquisition of course.
9x out of ten these otc plays hit at least triple just the revenue yes make no sense but that is the otc cash after operating expenses is huge for Otc company no matter the debt.
Positive cash flow is just comeing first q then bigger and bigger and bigger the way they turned profit margin is insane to do In One quarter. Getting 3 times direct site page views in just 8months with pickling up more manufacturers.
You must of never played major runners with $0 revenue and $10+ million'in debt
And get this they have 116 links on other sites to drive traffic to direct site and we only have 9
We're just passing rustysoffroad.com global website Ranking a 30 year old company 50+employees $12.5 million revenue.
If they didn't care about adding shares/ note conversions converting they would never of used a new note to pay 3 old notes $117,000 and not in there pocket.
They must see new companies come to Otc with $10 million revenue and biggest thing Chris has 90% of insider shares never the case especially one with revenue.
Going to be fun ride hopping to keep 500,000 -750,000 long term. And play with 500,000 -750,000 for the dip n rips get more shares before selling at short term major peak.
Yeah looking forward to it I want to do it all at once especially if it's under .01 I got no problem ask slapping.
Trading smoothly but there is little part of me that hopes it dosent move yet its probably just next week's money talking.
Where did all the sellers go all whole number bid whacks today hmmm.
Oooh yeah saving my money to slap the ask next week looking to add 400,000 hopefully just in case o/s is still at 28.7 I'll stop shy of 5% @ 4.9%
I'd pay with proceeds of new notes next year except the 50%share price one at end of December just need it at .10 or higher would be minimal impact.Keep the profit margin cooking and revenue q after q should have min $150,000 first quarter after operating loss increase that q over q get close to $500,000 after operating loss this year you can get $10million+for 20-25% c shares worth $14-15million at dollar $75 million to push for nasdaq late 2021 or after c shares turn into commons. Why $500,000 that perdicts easy $2 million+ total next year which as accredited investor if you paid off debt would almost be all profit at with 35 million shares would come out to .057-.06eps about $1.7-$2 per share.or first let financials build price up naturally and use c shares to acquire company or companies that you might not need investor or get them knocking for more bang for there c shares.
One of the most common mistakes why the penny world only has a 5% trader success rate.They sell when they should buy buy when they should sell.
Many runs like that and over half had $0 revenue no background history. Fles doing what there competitors did in over half the time.
3.6 million volume 4% drop and only 2 sometimes 3 mms under .0125 sellers lost this one winners are the accumulators you can tell which sellers were dilution and retail if you haven't seen the way the trades go especially when we were at .01 you can tell a lot by each share transaction haven't seen dilution in this that wasn't a whole share amount each transaction once in while you see odd numbers 108,543 shit like that that's public selling since under .01 seen a lot of them hmm.
I've only spent 36+hours on 10k and previous reports going through it with fine tooth comb.
No bid from just note holders do the math 28.7-32 million shares is every note up to next one due in October which will be paid with new note with better terms or cash $730,000 old notes converted/paid and $117,000 paid with proceeds of new note.
First time the note holder felt any pressure that's why they let it breath for few hours when it's sat at .01 let bid build up a panic sell into the bid is what note converters hate the most first time they had to compete with others bid wacking making them loose gains or even loose money for once.
Buy when others are selling and sell when others are buying. Blood in the streets it's time to feast.If plans where to dilute all 20 billion shares why make a new note to pay $117,000 off of old notes when they converted $480,000 worth pre split.
They wouldn't of used money from a New note to pay off old notes if they where going to convert rest of notes think about.
Yup I was in Andi there were shareholders who lost 6 digit figures with a company that had 0 background.If they looked into this they'd say o your a real company building up twice as fast as competitors before. Then the cop/fbi/sec would say let me guess your converting old debt Luke you said in merge terms clean it starting from the top Down of the notes. The company/Chris would say Yeah I can't believe some people tho.Then the cop/fbi/sec let me guess getting death threats against you and your whole family saying you lost and stole money from them by not making the stock run and make old note holders mega money who are the real snakes in the otc.Chris: yeah I don't get it my shares are only valued $350,000 right now to buy me out of my company $350,000 thats as much cash as Sergio Salzano paid for 5% of my company come on my shares were valued as high as $6,000,000 I know there locked until 2021 hmmm I guess people are thinking I can make more money with notes then my c shares aka golden shares for insiders/investors. So I think you should arrest me for robbing my self blind.
It's still going by the last o/s update of 19,819,734 it closed at .00835.
Let's say it was just a value of $500,000 he still paid into company at a $10 million dollar valuation.
It's in previous financials for fles 2018 its in 10k but not as in depth it was $350,000 cash and money off rent for his warehouse for certain amount of years.
And now Sergio Salzano estimated $1,000,000 buy in for 5% of the company his shares are worth $39,000 @.0068.And everyone else is crying he's down $961,000.
Yes in that case the o/s would still be 28.7million.
52%for June note
Depends when they were converted day of o/s update of little before I got 6.5million at .00528 and next trench 8.8 million at .0048 give or take.
Let's just say Sergio Salzano who they estimated value of his buy in of 5% of company at $1,000,000 his shares right now are worth $41,000.
There's o proof that company has sold shares themselves to use make new notes and use proceeds yes.What is fact from the 10k is $601,000 of old notes is paid off and as of July $800,000 new notes were made.All notes due are clear/converted up untill next one due October and to think they wouldn't payit off with a new note like they did with $117,000 from a note is redundant especially one turning into 40+ million shares. O/s at 28-32 million will stay unless company physically sells shares for themselves which has not happened yet on paper.
My first buy here was February been watching since merge announcement in June last year.